CFO, Distribution Transformers

This is a fully remote position, open to applicants in Georgia.

📋 Description

• Act as the strategic finance partner to the DTR Leader, directly reporting to the Global Power Transmission CFO.

• Facilitate profitable growth, margin enhancement, and cash generation while supporting manufacturing efficiency, capacity expansion, and prudent capital allocation.

• Convert business strategy into financial and operational plans for utility, industrial, and renewable energy sectors.

• Synchronize financial planning, reporting, and controls across the integrated businesses.

• Enhance product and customer profitability while aiding in integration and synergy realization.

• Cultivate the finance organization and promote standardization, automation, and analytical capabilities.

• Shape and implement business strategy alongside the DTR Leader.

• Oversee financial performance across DTR, taking responsibility for the P&L, balance sheet, and free cash flow.

• Manage long-term planning, annual budgeting, and forecasting processes.

• Conduct operating reviews, pinpoint performance gaps, evaluate risks and opportunities, and implement corrective measures.

• Generate profitability insights based on product, customer, application, and location.

• Collaborate with Commercial teams on pricing strategies, customer agreements, and tender assessments.

• Analyze financial implications of customer volume commitments, demand fluctuations, and delivery necessities.

• Work with Operations on sales and operations planning, translating operational metrics into financial insights.

• Enhance cost competitiveness through material productivity, design standardization, yield improvements, labor efficiency, overhead control, and Lean initiatives.

• Improve product costing and inventory valuation processes.

• Monitor exposure to costs of electrical steel, copper, and aluminum.

• Lead working capital enhancement through inventory optimization, work-in-progress management, timely billing, collections, and supplier payment terms.

• Assess capital expenditure and capacity expansion initiatives.

• Support integration, footprint, and operational enhancement projects.

• Ensure precise financial reporting, balance sheet integrity, and compliance with accounting policies, internal controls, and delegated authorities.

• Streamline and standardize finance processes, enhancing data consistency and expanding automation and analytics capabilities.

• Build and nurture the DTR finance team, clarify roles, and promote talent development and succession planning across various sites.

⛳️ Requirements

• Bachelor’s degree in Finance, Accounting, Economics, or a related field.

• At least 10 years of progressive finance experience, showcasing success in senior finance leadership roles.

• Minimum of 8 years of finance experience within a manufacturing environment, covering multiple sites or product lines, with accountability for P&L performance, balance sheet management, and cash generation.

• At least 8 years of operational finance experience, including product costing, manufacturing variances, labor productivity, inventory management, capacity planning, and capital investment.

• Proven commercial finance experience, covering pricing strategies, customer profitability, contract evaluation, and management of material cost exposure.

• Comprehensive understanding of the financial dynamics involved in both volume manufacturing and products tailored to customer specifications, including the effects of product complexity, production mix, and factory loading.

• Demonstrated ability to translate business strategy into actionable financial plans and collaborate with operational teams to drive margin, productivity, and cash improvements.

• Experience in evaluating capacity investments under various demand scenarios and monitoring the delivery of expected operational and financial returns.

• Background in integrating businesses or aligning finance processes, systems, and controls across different organizations.

• Experience in driving standardization, automation, and process improvements while upholding strong financial controls.

• Strong analytical reasoning and communication skills.

• Proven ability to lead teams and influence decisions across various functions and locations.

• A professional accounting qualification or advanced degree, along with experience in transformers or related electrical equipment, and familiarity with utility, industrial, or renewable energy markets would be beneficial.

🏝️ Benefits

• Relocation Assistance Provided: No